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Q.E.P. Co (Q.E.P. Co) Liabilities-to-Assets : 0.50 (As of Nov. 2023)


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What is Q.E.P. Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Q.E.P. Co's Total Liabilities for the quarter that ended in Nov. 2023 was $74.9 Mil. Q.E.P. Co's Total Assets for the quarter that ended in Nov. 2023 was $150.5 Mil. Therefore, Q.E.P. Co's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2023 was 0.50.


Q.E.P. Co Liabilities-to-Assets Historical Data

The historical data trend for Q.E.P. Co's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Q.E.P. Co Liabilities-to-Assets Chart

Q.E.P. Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.66 0.62 0.62 0.60

Q.E.P. Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.60 0.58 0.56 0.50

Competitive Comparison of Q.E.P. Co's Liabilities-to-Assets

For the Tools & Accessories subindustry, Q.E.P. Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Q.E.P. Co's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Q.E.P. Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Q.E.P. Co's Liabilities-to-Assets falls into.



Q.E.P. Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Q.E.P. Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Liabilities-to-Assets (A: Feb. 2023 )=Total Liabilities/Total Assets
=118.166/196.006
=0.60

Q.E.P. Co's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2023 is calculated as

Liabilities-to-Assets (Q: Nov. 2023 )=Total Liabilities/Total Assets
=74.914/150.459
=0.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Q.E.P. Co  (OTCPK:QEPC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Q.E.P. Co Liabilities-to-Assets Related Terms

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Q.E.P. Co (Q.E.P. Co) Business Description

Traded in Other Exchanges
N/A
Address
1001 Broken Sound Parkway North West, Suite A, Boca Raton, FL, USA, 33487
Q.E.P. Co Inc is a provider of flooring and industrial solutions. The company is a manufacturer, marketer, and distributor of hardwood and laminate flooring, flooring installation tools, adhesives and flooring related products targeted for the professional installer as well as the do-it-yourselfer. It also provides industrial tools to the industrial trades under brand names including QEP, ROBERTS, Capitol, Harris Wood, Fausfloor, Vitrex, Homelux, TileRite, PRCI, Nupla, HISCO, Plasplugs, Ludell, Porta-Nails, Tomecanic, Benetiere, and Elastiment. The company sells its products to home improvement retail centers, specialty distribution outlets, municipalities and industrial solution providers in an approx 50 states and throughout the world.
Executives
Lawrence P Levine officer: SVP and General Counsel 1001 BROKEN SOUND PARKWAY NW, SUITE A, BOCA RATON FL 33487
Robert G Walters director 1001 BROKEN SOUND PARKWAY NW SUITE A, BOCA RATON FL 33487
Kenneth Weiss officer: SVP Commercial Sales 1001 BROKEN SOUND PARKWAY NW SUITE A, BOCA RATON FL 33487
David L Kreilein director 2930 INDUSTRIEAL ST, WISCONSIN RAPIDS WI 54495-8020
Muir Robert W Jr director
Laura M Holm director C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
James Brower officer: Chief Operating Officer C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
Jamie Clingan officer: Vice President Marketing C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
Bruce Maclaren officer: Chief Executive Officer Europe C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
S Scott Fitzpatrick officer: Chief Accounting Officer C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
Stuart F Fleischer officer: Chief Financial Officer
Randall Paulfus officer: Interim CFO C/O PC UNIVERSE, INC., 504 NW 77TH STREET, BOCA RATON FL 33487
Richard A Brooke officer: Senior Vice President C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, BOCA RATON FL 33487
Eric Demaree officer: EVP, Sales C/O Q.E.P. CO., INC., 1081 HOLLAND DRIVE, BOCA RATON FL 33487
Susan J Gould 10 percent owner

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